FHA loans, little used in Chicagoland condo projects as recently as 3 years ago, have taken a large market share within the past year.
Join me and Daniel Chookaszian of American Street Mortgage for a look at some of the reasons for that shift.
This is part of a multi-part conversation with Chookaszian on mortgage financing. The first part was a primer on VA loans.
We met in a penthouse unit at Optima Old Orchard Woods in Skokie, where Chookaszian’s firm is one of the project’s preferred lenders.
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